Fully Leased Quality Multi-Tenanted Investment. 492sqm Building Area. 16 Car Spaces.
* LJH Commercial are pleased to present buildings 13 & 14 /50 Kellar St, Berrinba to the market for immediate sale.
* Rarely do opportunities of this calibre appear on the market. Longterm tenants in place with proven established business.
* 2 Buildings. 3 Tenants. Buildings can be split into 4 tenancies. 4 kitchens, 4 bathrooms. Disabled Bathrooms, showers, and laundry onsite.
* Current Tenant Mix Includes:
* Ground Floor Building 13: J & D Concreting Pty Ltd.
* Ground Floor Building 14: Teuila Disabilities Pty Ltd.
* Level 1 Buildings 13 & 14: DPA Dance Studio.
* Current Gross Income: $89,494 + GST Per Annum.
* Current Outgoings: $18,160 + GST. (Rates/Water/Body Corporate).
* Current Net Income: $71,334 + GST Per Annum.
* Substantial rental growth upside. Below market rentals averaging sub $200 per sqm Gross.
* Fully fitted out for professional office/consulting space & dance school.
* High quality complex with abundance of car parking onsite and street parking.
* Quality tilt panel construction. Suspended concrete slab for upper level. Corner tenancy with exclusive use fence off area on left hand side of the building.
* Contact Exclusive Agents Tasmin Colquhoun on 0450 827 646 or Manoli Nicolas on 0400 082 170 for an inspection today.
SALE PRICE: Contact Exclusive Agents
AVAILABLE SPACE: 492sqm
Location
Berrinba is a suburb in Logan City, located alongside Browns Plains, Crestmead & Parkinson. Located only 22kms south of the Brisbane CBD with quick access to the Logan Motorway, Gateway Motorway & M1 Pacific Highway. Access to major arterial roads allows fast and economical access for clients, employees as well as transport of plant & stock. The geographical location gives the ability to service Brisbane, Ipswich, Toowoomba as well as the Gold and Sunshine Coast. The Logan Central Business Area consists primarily of retail businesses however the area has developed into a key community hub with a variety of Government and Human Services providers located within the precinct.